Global solar photovoltaic installers market to reach $651bn by 2030

The solar photovoltaic installers sector will grow by 15 % annually through 2030, driven by residential demand, public incentives and increasing integration into urban projects.

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The global solar photovoltaic (PV) installers market is expected to grow from $282.18bn in 2024 to $651.33bn by 2030, with a compound annual growth rate of 15 %. This increase reflects accelerating demand for solar solutions, particularly in the residential and commercial sectors.

Residential demand drives installer activity

The rise in rooftop solar installations in residential areas is a key factor. Homeowners, motivated by the desire to control their consumption and benefit from surplus buyback mechanisms, are increasingly relying on qualified installers. The proliferation of small-scale projects creates a steady flow of assignments for technicians, with shorter deployment timelines and more frequent neighbourhood interventions.

Community-based adoption and word-of-mouth further amplify this trend. The local presence of many installers enables easier market access and supports organic sector growth. Stability of orders in the residential segment offers valuable visibility for small businesses and specialised contractors.

Technological innovation changes the profile of installations

The growth of thin-film technologies is transforming installation practices, especially on buildings with non-standard surfaces. Lighter and more flexible, these materials expand installers’ reach into complex architectural structures. Their increasing adoption is pushing companies to train skilled personnel to meet new technical requirements.

Meanwhile, crystalline silicon remains the dominant choice, valued for its reliability and energy efficiency. Its compatibility with standard mounting systems simplifies construction execution and encourages process standardisation. Installers benefit from reduced intervention times and more predictable project planning.

Public policy and urbanisation accelerate the pace

Supportive regulations, combined with subsidies and tax incentives, play a central role in expanding the sector. Tax credits, feed-in tariffs and training programmes supported by public authorities broaden access to the installer profession and drive job creation.

The integration of photovoltaic systems in urban construction projects is also boosting demand. Public buildings, shopping centres and residential developments seek to comply with energy efficiency standards, generating high volumes of installation contracts. Urban areas, with stronger logistics and administrative infrastructure, allow installers to streamline operations.

Rising energy costs favour installations

The continued increase in electricity prices pushes households and businesses to seek more stable alternatives. Photovoltaic systems offer a cost-effective medium-term solution, supporting growth in the installers’ market.

Each new installation directly translates into an economic opportunity for sector players. The inflationary context enhances the competitiveness of solar energy and facilitates the emergence of new professional profiles specialising in installation, maintenance and after-sales services.

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Idex has inaugurated a photovoltaic power plant spanning 14,500 m² at Ainterexpo's parking area, developed in partnership with Grand Bourg Agglomération under a 30-year operating model.
West Holdings and Toshiba Energy Systems & Solutions will jointly develop turnkey services for solar power plants and large-scale battery storage, combining construction, grid management and production optimisation.
The Italo-Japanese group Potentia Energy has received environmental clearance for a 1 GW solar and battery hybrid park in New South Wales, estimated at AUD1.3bn ($858.9m).
Symphonics enables photovoltaic operators to access RTE’s adjustment mechanism, offering new profitability in a context of slowdown in the solar sector in France.
Swiss group Axpo has completed a four-plant photovoltaic complex in León province, totalling 200 MWp of capacity, and is preparing its grid connection for early 2026.
Swift Solar begins a strategic collaboration with Plenitude to test its tandem perovskite solar technology at industrial scale, targeting deployment in large-scale photovoltaic projects.
Sojitz plans to deliver a 44.2 MWDC solar plant in Wakayama by December 2027, funded outside the feed-in tariff scheme and aimed at direct power sale contracts.
US tariff measures shake up Indian solar module exports, exposing the industry to structural overcapacity risks and forcing New Delhi to redirect its industrial strategy.
SolarX secures €15mn in senior debt from Afrigreen to refinance solar commercial assets in four francophone countries, consolidating Franco-European financial presence in a strategic and growing market.
STMicroelectronics has signed a 15-year agreement with solar producer TSE to supply 780 GWh of electricity to its French sites starting in 2027.
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Cypress Creek Renewables begins construction of the Hanson Solar project in Texas, backed by structured financing combining debt and equity, to support the ERCOT grid and supply Meta’s operations.
Facing massive overcapacity, US tariff pressures and rapid technological change, India's solar module sector is preparing for major industrial restructuring dominated by a few integrated groups.
Econergy has connected its 52MW solar project in Resko, Poland, to the grid, supported by a 19-year virtual power purchase agreement signed with Apple.
Green Growth and K2 Holdings begin converting a solar park to an FIP scheme, including battery installation, to improve profitability in a region heavily affected by production curtailment.
Arevon Energy has initiated construction of its first utility-scale solar project in Illinois, with a 124-megawatt capacity and $200mn in private investment to support U.S. energy demand.
French renewable energy producer Neoen has signed an agreement with Plenitude to sell 52 assets totalling 760 MW of capacity on the French market.
A national tool led by ADEME lists agrivoltaic installations across France to support their regulatory oversight, as the sector sees rapid growth following the 2023 law.

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